Seller's Agent in 2023
Matthew Smith
Found Real Estate
(575) 441-3880
98 Total Sales
Estimated Value: $272,000 - $570,931
5
Beds
3
Baths
3,936
Sq Ft
$121/Sq Ft
Est. Value
Highlights
- Attic
- No HOA
- Laundry Room
- Private Yard
- Covered Patio or Porch
- Tile Flooring
About This Home
As of August 2023Great investment opportunity at the Arbors in Hobbs. This fourplex has two two bedroom, one bath units with a one car garage and two three bedroom, two bath units with a two car garage. All units are occupied with great rents. The units include all appliances. Hard to find investment property in Hobbs with a 10% cap rate!
Last Agent to Sell the Property
Found Real Estate License #50520 Listed on: 06/14/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,559
Year Built
- Built in 2012
Lot Details
- 13,715 Sq Ft Lot
- Lot Dimensions are 211' x 65'
- Fenced
- Landscaped
- Private Yard
Home Design
- Slab Foundation
- Shingle Roof
- Stucco
Interior Spaces
- 3,936 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Attic
Kitchen
- Free-Standing Range
- Range Hood
- Dishwasher
- Disposal
Flooring
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- Garage
- Garage Door Opener
- 6 Open Parking Spaces
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Separate Meters
- Natural Gas Connected
- Individual Gas Meter
- Separate Water Meter
- Gas Water Heater
- Cable TV Available
Additional Features
- Drip Irrigation
- Covered Patio or Porch
Community Details
- No Home Owners Association
- 4 Units
Listing and Financial Details
- Assessor Parcel Number 4980104154011
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 20, 2025
Sold by
Bought by
Current Estimated Value
Purchase Details
Listed on
Jun 14, 2023
Closed on
Aug 25, 2023
Sold by
Bought by
Seller's Agent
Matthew Smith
Found Real Estate
Buyer's Agent
Matthew Smith
Found Real Estate
List Price
$500,000
Views
2
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.84%
Original Mortgage
$375,000
Interest Rate
6.96%
Mortgage Type
Construction
Purchase Details
Closed on
Jul 30, 2012
Sold by
Bought by
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Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | First American Title Insurance | ||
| -- | First American Title Insurance | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $375,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/25/2023 08/25/23 | Sold | -- | -- | -- |
| 06/16/2023 06/16/23 | Pending | -- | -- | -- |
| 06/14/2023 06/14/23 | For Sale | $500,000 | -- | $127 / Sq Ft |
Source: New Mexico MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,514 | $167,255 | $13,333 | $153,922 |
| 2024 | $4,571 | $167,255 | $13,333 | $153,922 |
| 2023 | $4,176 | $150,726 | $12,360 | $138,366 |
| 2022 | $4,002 | $150,726 | $12,360 | $138,366 |
| 2021 | $3,992 | $146,336 | $12,000 | $134,336 |
| 2020 | $3,932 | $146,336 | $12,000 | $134,336 |
| 2019 | $3,865 | $146,336 | $12,000 | $134,336 |
| 2018 | $3,822 | $146,336 | $12,000 | $134,336 |
| 2017 | $4,042 | $439,008 | $36,000 | $403,008 |
| 2016 | $4,206 | $439,008 | $36,000 | $403,008 |
| 2015 | $3,854 | $439,008 | $36,000 | $403,008 |
| 2014 | -- | $439,008 | $36,000 | $403,008 |
Source: Public Records
Agents Affiliated with this Home
-
Matthew Smith
Map
Source: New Mexico MLS
MLS Number: 20234645
APN: 4980104154011
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